摘要
2007年,央行上调了10次存款准备金率,明显加大了运用货币政策工具进行宏观调控的力度。但从目前公布的各项数据来看,我国经济仍然呈现出比较明显的外部失衡和内部失衡,显然央行频繁使用存款准备金率并未达到预期效果。本文从不同的方向探析造成这种政策失效的原因,并在此基础上提出了相应的政策建议。
As at November 16, the central bank has raised the deposit-reserve ratio nine times in this year,. Obliviously, the central bank steps up efforts to precede macroscopic guide by applying the monetary policy instrument. However, from the published data, China＇s economy is still showing a marked external and internal imbalance, and the deposit-reserve ra- tio that is applied frequently has not achieved the desired results. This paper will probe the reason that leads to the policy failure from different angels, and based on above study, put forward corresponding policy recommendations. Finally, this paper also mentions some problems, which must be strengthened in the implementation of monetary policy.
出处
《海南金融》
2008年第2期12-14,44,共4页
Hainan Finance
关键词
央行存款准备金率
货币政策
流动性过剩
失效
Central Bank Deposit-reserve Ratio
Monetary Policy
Liquidity Surplus
Failure
